Membership Sites

March 14, 2012 by  
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Once you have built your database to 5,000 names, you will want to begin your Membership Site. Unless you are very comfortable with website development, hire this out. It is not worth the time it will take you to develop it. If you’re using a WordPress blog site, it will be easy for your contractor to set up.
During the months, with your auto responders, you’ve built the trust with your database as to having great information to share with them.

After 6 moths, you have not only generated a great start to your database, but you should have 20-24 interviews which you have edited and generated a product. These interviews are the basis for your membership site.

Most people will offer a $1 for an introductory offer and will have a range between $9.95 to $79 a month thereafter. It will depend on your audience and industry. You might offer the first 500 the $9.95 a month and then gradually increase the rate with new sign ups until you realize your opt in rate drops below your average.

Typically in most industries, 10% of your database will opt in for your membership program.

5,000 x 10% = 500 X $9.95/mo = $4,975/mo =

$59,720/yr

Now you can see why your database is so important.

Here’s a wonderful free program to help you learn more about how your Membership site will work.

Membership Sites

October 28, 2011 by  
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Creating the material for a membership site is a lot easier than most would think. When you think of the intellectual property you would want to create for your followers, think of the course you would want to create for those who will be interested in your topic.

First I always want to be aware of what will make it easier for my database to become more successful and then I look for information and others who are also well known for their contributions in the topics.

I approach people who are listed on Facebook, LinkedIn, Amazon and SelfGrowth with the concept of interviewing them about their experiences, references and knowledge. It is amazing at how easy it is to have people agree to be interviewed.

But the real secret to the success of the membership site is to have those who you are interviewing notify their database they will be interviewed by you and to listen to the interview, they only have to sign up through your database.

Then you will be able to develop your database from the trusted followers of those you are interviewing.

Imagine if you add 100 people every week from the databases of those who you are interviewing. In one year you will have more than 5,000 people in your database. That will be more than enough to create a substantial monthly income.
Membership sites are a prime source of income for those who have developed a following. This is just one of the many income streams you will be able to develop as an author.

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